Gate News message, April 14 — Deutsche Börse Group, a German financial infrastructure operator, announced a $200 million strategic investment in Payward, the parent company of a major cryptocurrency exchange. The investment values Payward at approximately $13.3 billion and will give Deutsche Börse roughly 1.5% ownership.
The deal comes as the exchange prepares for a potential U.S. initial public offering. The investment extends a partnership established last year between the two firms aimed at integrating traditional finance and crypto markets. The current valuation is lower than the $20 billion figure discussed in November. The transaction is expected to close in the second quarter pending regulatory approvals.
The exchange operates as one of the world’s largest cryptocurrency platforms, while Deutsche Börse manages major trading and clearing infrastructure across Europe, including the Frankfurt Stock Exchange. Payward reported adjusted revenue of $2.2 billion in 2025, driven by expansion beyond spot trading into diversified financial services.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
American Bitcoin (ABTC) to Release Q1 2026 Earnings on May 6
American Bitcoin (ABTC) will release its Q1 2026 earnings report on May 6, 2026, after U.S. market close, followed by a live earnings call and webcast at 4:30 PM ET.
GateNews29m ago
Hong Kong Exchanges and Clearing Proposes Shortening Stock Settlement Cycle from T+2 to T+1
HKEX proposed to shorten Hong Kong's stock settlement cycle from T+2 to T+1, applicable to various secondary market transactions. The transition is set for late 2027, pending readiness and approval, aligning with global trends toward faster settlements.
GateNews53m ago
San'an Optoelectronics Terminates $239M Lumileds Acquisition Due to U.S. National Security Concerns
San'an Optoelectronics terminated its $239 million acquisition of Lumileds due to U.S. national security concerns. The deal was abandoned after CFIUS's warning, and the company stated that this will not adversely affect its operations or finances.
GateNews1h ago
Intchains Group Discloses 8,040 ETH Staked, Accelerates AI-Powered Operations Transformation
Intchains Group reported a cumulative staking of 8,040 ETH, with a strategy that includes the FalconX platform and its own Goldshell Stake. The company is also enhancing operations through AI automation to boost efficiency and decision-making.
GateNews1h ago
Geopolitical Tensions Push Packaging Costs Higher; PepsiCo Signals Potential Price Increases
PepsiCo warns that rising geopolitical tensions may lead to increased product costs, prompting potential price hikes. The company reported strong Q1 2026 earnings and plans to utilize supply chain and productivity improvements to manage inflation, while other consumer brands also signal possible price increases.
GateNews2h ago
